The prices in real estate in Temple Hills, in the Maryland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Temple Hills has increased during the last 6 months. In November, the average price per sq.feet was $181. In the following month the price per sq.feet increased to $195. In the following two months the price per sq.feet has barely changed, going from $188 to $196 per sq.feet. The price per sq.feet has increased 109 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $192 to $209.5 during March, and April.
Based upon to the price in Temple Hills (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $253,983. During December the price went through a considerable rise reaching $300,659. In the following two months the average price has remained the same with regard to the previous two months from $277,321 to $288,092.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $304,892 they are 76 % more affordable than the average price for Temple Hills. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $286,879.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $85 / sq.feet, with an average $219 / sq.feet price in Temple Hills. The properties with the highest average prices have 4 bedrooms. They are 11 % more expensive than the average followed by properties with 3 bedrooms with a price at $220 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $304,892 it is 63 % cheaper than the average price in Temple Hills. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $242,533 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $121 / sq.feet followed by "Townhouse" priced at $189 / sq.feet. "Duplex" is the most costly type of property with a $6,926 / sq.feet cost followed by "House" with an average price of $227 / sq.feet.